Low hanging fruit can always fall lower. Mo-mo stocks get hurt worst in a bear market. So, unless you are saying the bear is over, then AAPL is not a safe place for capital ...
Blood on the Street Means Opportunity [View article]
Did you live through any previous recession or bear market? A couple months of selling is just the first wave.
I read this same stuff everyday while the dotcom bubble burst. Lesson learned: do not go long without a major catalyst and evidence that the economy is strengthening. Otherwise, you are simply gambling.
We had 4 years of strong buying, so a couple weeks of strong selling is not the panic discussed in history books. Blood is when you can buy the blue chips for pennies on their future dollars of cash flow. We are not even close ...
Monsanto Won't Stay This Cheap For Long - MS [View article]
Ag has been inflated by mo-mo traders. Once they leave you will see what it is really worth. This is the classic mo-mo rotation. Hope cannot bring them back ...
The WSJ did a whole piece on how China is more dependent on exports than ever. The presupposition that the world will steam forward without it's largest customer base is nothing more than Wall St. sales speak to buy more time while passing the BRIC bag to the herd who don't know any better ...
Wow. I am very disappointed with this one, Herb. Anyone who knows anything about investing knows chips are HIGHLY cyclical. Even the Buffettology books use INTC as an example of cyclical companies for which you DO NOT want to pay a premium.
Go back to digging up shenanigans by sourcing your contacts ... otherwise you will quickly lose your premium too.
Recession: A Self-Fulfilling Media Prophecy? [View article]
If you think everyone is bearish, go to Barnes & Nobles and look at all the 2008 prediction editions of the top financial mags. They are ALL bullish. So long as those forecasts are still held my a nice size of the masses, we cannot say everyone is over bearish.
Second, if everyone was overly bullish in Dec. 2006, there was still some awesome gains before peaking in October 2007. Thus, there is no info to trade here. We may have to wait until fall (the season) before EVERYONE is in fear ...
Bullish on Solar Energy, Bearish on Solar Stocks [View article]
I think you are correct. Although high fliers can act irrationally for a very long time, solar stocks face mounting issues in the face of absurd valuations.
Five Investing Pitfalls: #1 Long-Only [View article]
Agreed. There are many ways to make money in the market. This just happens to be our style. And people should always stick to what works best for them.
Interview: Master of the Debt Universe [View article]
Josie,
Great points. However, my guest said credit cards were next, and they were. I don't understand the whole first part of your comment given that this was discussed. Second, we did consider exploring CMBS, but the problems there are very small at the moment, and I was looking to give people a view at what is happening NOW in the pits, not create a comprehensive list of all the possible things that could go wrong (and Portfolio already had a CMBS article the same week).
I am sorry you already knew everything in the interview. We happened to receive a large amount of emails thanking us for the insights because most people are not as educated as you.
We can't please everyone, and we are not an academic site. But we will keep your criticism in mind for our upcoming interviews.
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Apple at $135: Low Hanging Fruit [View article]
Blood on the Street Means Opportunity [View article]
I read this same stuff everyday while the dotcom bubble burst. Lesson learned: do not go long without a major catalyst and evidence that the economy is strengthening. Otherwise, you are simply gambling.
We had 4 years of strong buying, so a couple weeks of strong selling is not the panic discussed in history books. Blood is when you can buy the blue chips for pennies on their future dollars of cash flow. We are not even close ...
Monsanto Won't Stay This Cheap For Long - MS [View article]
Hewlett-Packard Looks Recession-Proof [View article]
Market Indices In Free Fall [View article]
What Is Intel Really Worth? [View article]
Go back to digging up shenanigans by sourcing your contacts ... otherwise you will quickly lose your premium too.
Recession: A Self-Fulfilling Media Prophecy? [View article]
Second, if everyone was overly bullish in Dec. 2006, there was still some awesome gains before peaking in October 2007. Thus, there is no info to trade here. We may have to wait until fall (the season) before EVERYONE is in fear ...
Dissecting Mr. Market's Bad Breadth [View article]
Bullish on Solar Energy, Bearish on Solar Stocks [View article]
Five Investing Pitfalls: #1 Long-Only [View article]
Interview: Master of the Debt Universe [View article]
Great points. However, my guest said credit cards were next, and they were. I don't understand the whole first part of your comment given that this was discussed.
Second, we did consider exploring CMBS, but the problems there are very small at the moment, and I was looking to give people a view at what is happening NOW in the pits, not create a comprehensive list of all the possible things that could go wrong (and Portfolio already had a CMBS article the same week).
I am sorry you already knew everything in the interview. We happened to receive a large amount of emails thanking us for the insights because most people are not as educated as you.
We can't please everyone, and we are not an academic site. But we will keep your criticism in mind for our upcoming interviews.
2008 Crystal Balls Are Bad for Your Health [View article]
If my thesis is as obvious as you say, why is Barnes & Nobles filled with 2008 predictions, and why do the masses keep falling for this garbage?
You may be insightful, but the history of Wall Street and investing evidence that you are indeed rare.